Jones Lang LaSalle Inc.
10/27/2025 | Press release | Distributed by Public on 10/27/2025 09:24
JLL secures sale of three-property Chicago industrial portfolio to High Street Logistics Properties
CHICAGO, Oct. 27, 2025 - JLL Capital Markets announced today the sale of a three-building industrial portfolio totaling 537,681 square feet positioned across DuPage County's most sought-after industrial submarkets.
JLL represented the seller in the sale to High Street Logistics Properties.
The fully leased portfolio benefits from premium locations within the O'Hare and North DuPage County industrial submarkets. The portfolio's strategic positioning provides exceptional connectivity to Chicago's transportation infrastructure, including direct access to Interstate 290 and proximity to O'Hare International Airport, the nation's leading cargo airport by freight value. The surrounding area benefits from a substantial labor pool, with the portfolio average showing 135,177 workers within a five-mile radius and 614,830 within 10 miles.
The JLL Capital Markets team was led by Managing Director Kurt Sarbaugh alongside Senior Managing Director Sean Devaney, Managing Director Ed Halaburt, Senior Director Ross Bratcher and Associate Cameron Chandra.
"This transaction highlights the continued strength of Chicago's infill industrial market, particularly in tax-advantaged DuPage County locations," said Sarbaugh. "The portfolio's combination of established tenant relationships, superior transportation access and positioning in supply-constrained submarkets with low vacancy rates made it highly attractive to High Street."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About High Street Logistics Properties
High Street Logistics Properties is a private equity real estate investment management company, investing in institutional quality industrial and logistics properties located in major markets across the United States.
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